Fishtown Duplex with Outdoor
1235 East Berks Street Philadelphia, PA 19125
For Sale
$399,900
Well-maintained duplex in prime Fishtown location with modern amenities.
Property Size1,790 SF
Price / SF$223.41
Days on Market107
Property Features for 1235 East Berks Street
General Information
- Standard status
- Active
- Size
- 1,790 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1915
Listing Agency:
BHHS Fox & Roach-Center City Walnut
(215) 290-6953
Listed By:
Kristen Shemesh · License #RS313262
(215) 290-6953
Source:
Compass
Added: Apr 9
Changed: Jul 10
Last Checked: Jul 23 at 10:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS Fox & Roach-Center City Walnut
Investment Insights
Based on property information with market context.
This well-maintained duplex is located in the Fishtown neighborhood. The property offers opportunities for investors or owner-occupants. The first-floor unit is a 1-bedroom, 1-bath apartment featuring an updated kitchen and bathroom, in-unit washer and dryer, access to a full basement, and a private outdoor area. The second unit is a bi-level 2-bedroom, 1.5-bath residence with a thoughtfully designed kitchen, generous closet space, in-unit laundry, and a private roof deck. The property is situated in the heart of Fishtown, with access to the I-95 corridor and a short walk to the Market-Frankford El. The property is surrounded by local establishments such as Milkcrate Cafe, Bastia, Lloyd, Murph’s Bar, and Riverwards Produce. The property size is 1790 square feet.
Key Highlights
- Prime Fishtown location with unbeatable access to I‑95, the Market‑Frankford El, and popular restaurants and shops.
- Versatile multi‑unit duplex suitable for investors or owner‑occupants.
- First‑floor unit features 1 bedroom, 1 bath, updated kitchen and bathroom, full basement access, and a private outdoor area. It also has in‑unit washer/dryer.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.2k | $25.80 |
| − Vacancy | −$2.5k | −$1.42 |
| EGI | $43.6k | $24.38 |
| − OpEx | −$13.1k | −$7.31 |
| NOI | $30.5k | $17.06 |
1,790 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$436.4K
$381.8K – $509.1K
NOI $30,546 @ 7.0% cap · market cap 7.64%
Second Best
Apartment 5plus
$402.2K
$352.0K – $469.3K
NOI $28,156 @ 7.0% cap · market cap 7.04%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained duplex in prime Fishtown location with modern amenities.
Where is this duplex located?
The property is located at 1235 East Berks Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Prime Fishtown location with unbeatable access to I‑95, the Market‑Frankford El, and popular restaurants and shops.; Versatile multi‑unit duplex suitable for investors or owner‑occupants.; First‑floor unit features 1 bedroom, 1 bath, updated kitchen and bathroom, full basement access, and a private outdoor area. It also has in‑unit washer/dryer.
